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Delay in New VIP Levels Due to Corona Virus

Does anyone think Wyndham will delay New VIP Levels due to Resorts Shut Down & CoronaVirus Economy?

  • Yes

    Votes: 3 50.0%
  • No

    Votes: 3 50.0%

  • Total voters


TUG Member
Sep 20, 2015
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Does anyone think Wyndham will delay New VIP Levels due to Resorts Shut Down and the Corona Virus Economy?


TUG Member
Jul 16, 2015
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Honestly I’m not sure just how long Wyndham will survive in its current form. They just drew down on a $1B line of credit - yet they only have about 1.2B in cash and cash equivalents after doing so. Q1 is generally their weakest revenue quarter and their most costly expense quarter especially given the dividend payouts (which just increased 11% this year) that must occur before end of March. The CEO and execs have already announced either complete or significant pay cuts. I figure layoffs are coming next soon after. They have enough cash to last for perhaps six months at most given their cash burn and current leverage of 2.7x.

I hope I’m wrong of course - but am not encouraged from what I’ve learned so far in looking at their financial numbers. They will also have to pay back that credit line at some point of course. Tough times ahead for anyone in the timeshare and hotel sectors for sure.

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I don't believe the Privileges program is a priority now. From the post above it looks like they may have other issues to deal with.